Job Description

Overview

As the largest and leading value-based kidney care company, Somatus is empowering patients across the country living with chronic kidney disease to experience more days out of the hospital and healthier at home.

It takes a village of passionate and tenacious innovators to revolutionize an industry and support individuals living with a chronic disease to fulfill our purpose of creating More Lives, Better Lived. Does this sound like you?

Showing Up Somatus Strong

We foster an inclusive work environment that promotes collaboration and innovation at every level. Our values bring our mission to life and serve as the DNA for every decision we make:

• Authenticity: We believe in real dialogue. In any interaction, with patients, partners, vendors, or our teammates, we are true to who we are, say what we mean, and mean what we say.

• Collaboration: We appreciate what every person at Somatus brings to the table and believe that together we can do and achieve more.

• Empowerment: We make sure every voice gets heard and all ideas are considered, especially when it comes to our patients' lives or our partners' best interests.

• Innovation: We relentlessly look for ways to improve upon the status quo to continuously deliver new solutions.

• Tenacity: We see challenges as opportunities for growth and improvement - especially when new solutions will make a difference for our patients and partners.

Showing Up for You

We offer more than 25 Health, Growth, and Wealth Work Perks to help teammates learn, grow, and be the best version of themselves, including:

• Subsidized, personal healthcare coverage (medical, dental vision)

• Flexible Paid Time Off (PTO)

• Professional Development, CEU, and Tuition Reimbursement

• Curated Wellness Benefits supporting teammates physical and mental well-being

• Community engagement opportunities

• And more!

Somatus, the leader in value-based kidney care, is looking for a mission-driven accounting leader who is excited to lend their talents to help shape our story and message across key stakeholder groups - health plans, providers, and most importantly, patients. The Sr Payroll Accountant Analyst will be responsible for the accuracy and completeness of all compensation and employee benefit journal entries, reconciliation of related accounts, payroll data analyst and documentation of accounting procedures related to compensation and benefits. Successful candidates will support process improvement initiatives within payroll and assist with the general ledger coding into NetSuite. The Sr Payroll Accountant Analyst will also work directly with various managers across the company to answer enquiries related to payroll data.

Responsibilities

• Review and re-organize large payroll or payroll related datasets to the format of journal entry using Power Query, Power BI, alteryx to automate the process

• Maintain payroll costs/allocations by department, state, line of business etc. and work with other groups to ensure that payroll data is updated regularly

• Provide monthly payroll change analysis

• Reconcile different data sources related to payroll and benefits (such as ER/EE payroll taxes, HSA, FSA, 401K, health insurance, etc.)

• Manage payroll accruals, PTO accruals, and other accruals related to payroll such as bonus, severance, and update general ledger

• Analyze payroll data and provide labor/hour or other payroll related reports to Departments

• Maintain Earning/Deduction codes mapping with general ledger

• Assist with payroll tax registration, and payroll process and reconciliation as needed

• Participate in payroll/benefits audits

• Maintain and update SOP/P&Ps that capture how to complete tasks related to area of responsibility

• Identify areas for automation, leverage technology, and bring innovative ideas and approaches to existing processes

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Qualifications

• Bachelor degree in Accounting, Finance, or relevant field

• Minimum 3+ years of experience in payroll, data analytics.

• Previous experience as a data analyst or in a similar role

• Excellent knowledge of MS Office, especially Excel, Power BI

• Great computational ability

• Attention to detail

• Ability to adapt and work as a team player in a fast- growing environment

• Support process improvement initiatives.

• Assists in responding to the internal/annual audit requirements

Preferred Qualifications:

• Public company experience

• Knowledge of health care industry

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Somatus, Inc. provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, the company takes affirmative action to ensure that applicants are employed, and employees are treated during employment without regard to any of these characteristics. Discrimination of any type will not be tolerated.

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